{ "media_type": "text", "post_content": "Best books/resources to learn investing? (Would like to learn how to invest my personal savings)", "post_id": "5dda6d0d7e39eb001a93ca90", "reply_count": 12, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
null

Best books/resources to learn investing? (Would like to learn how to invest my personal savings)

likehelpful
Posting as :
works at
You are currently posting as works at

r/wallstreetbets /s

likesmartfunny

/s = seriously /s

Unfortunately I don’t have any books to suggest. Just google it and there should be a ton or articles to choose from.

One simple rule you can follow is called the 50 / 20 / 30 rule. The rule states that you should spend up to 50% of your after-tax income of needs and obligations that you must-have or must-do. The remaining half should be split up to 20% savings and debt repayment and 30% to everything else that you might want.

Similar to your 401K, set up a separate savings account where you automatically deposit that 20% of every paycheck to. Don’t touch that account unless there’s an emergency. You’ll see that account grow quite nicely over time. After you’ve built a nice nest egg, start looking into investing.

Also, consider what major expenses you’ll need to save for - new car, a house, engagement / marriage / honeymoon, kids & their college.

like

Boggleheads guide to investing

The intelligent investor

like

Take an online course on investing

like

Any you recommend?

little book to common sense investing

Read up on modern portfolio theory and apply it to your personal finances

In all honesty just put it in an index and forget it. You won’t beat the market.

Any time I walk into any stall and no hook for a purse 😤

Thanks 🙏🏽

Related Posts

I am new to investing. Can anyone share a book/blog where I can read basics, aka, investment 101?

like

Additional Posts

Ladies when you have broken up with the person you live with, how do you logistically go about it? Do you just pack when they’re there? Do you ask them to leave? Do you talk about what goes to who?

like

Any traveling 🐠 do volunteer stuff in your home city? I travel Monday-Thursday and flex at least once a month; I’m only in my home city 6-9 days out of the month. Any advice?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

For account settings, visit Fishbowl on Desktop Browser or

General

Legal